Qualcomm may face a EU antitrust investigation in relation to a complaint by a subsidiary of rival Nvidia, sources with knowledge of the matters said.» Read More
BRUSSELS, Aug 26- Qualcomm, the world's No. 1 mobile chipmaker, may face a European antitrust investigation in relation to a four-year-old complaint by a subsidiary of rival Nvidia Corp, three people familiar with the matter said on Tuesday.
*Microsoft has been cooperating with investigation. BEIJING, Aug 26- Microsoft Corp's internet browser and media player are being targeted in a Chinese antitrust probe, raising the prospect of China revisiting the software bundling issue at the heart of past antitrust complaints against the firm in the West.
Microsoft has expressed willingness to cooperate with ongoing investigations, Zhang Mao, the head of the State Administration for Industry and Commerce, told reporters at a briefing in Beijing.
BEIJING, Aug 22- China's pricing regulator said on Friday U.S. chipmaker Qualcomm Inc was seeking to end an investigation into monopoly practices and had expressed willingness to improve and correct pricing issues.
Qualcomm is one of at least thirty foreign firms to come under scrutiny as China seeks to enforce a 2008 anti-monopoly law- efforts some critics say have unfairly targeted overseas businesses, raising protectionism concerns.
BEIJING— China announced Wednesday it will fine 12 Japanese auto parts suppliers a total of $202 million for colluding to raise prices in an unfolding anti-monopoly probe of the country's auto industry. Officials said earlier that Mercedes Benz, Audi and Chrysler also violated the law.
NSK Ltd. said Tuesday it was fined 174.9 million yuan and NTN Corp. said it was fined 119.2 million yuan. It said the company, a unit of Germany's Daimler AG, used its control over supplies of replacement parts to charge excessive prices. Officials have said Volkswagen AG's Audi luxury unit and Fiat Chrysler Automobile NV's Chrysler also violated the law.
SHANGHAI, Aug 18- German luxury car Mercedes-Benz has been found guilty of manipulating prices for after-sales services in China, the official Xinhua news agency reported, citing regulators.
Mercedes-Benz has been found guilty of manipulating prices for after-sales services in China, the official Xinhua news agency reported.
BEIJING— China's government said Monday it has concluded Mercedes-Benz violated anti-monopoly law and charged excessive prices for parts, adding to a growing number of global automakers snared in an investigation of the industry.
SHANGHAI, Aug 18- German car maker Daimler AG's luxury brand division Mercedes-Benz has been found guilty of manipulating prices for after-sales services in China, the official Xinhua news agency reported, citing authorities in Jiangsu province.
SAN FRANCISCO, Aug 14- Samsung Electronics Co Ltd will buy SmartThings, a startup backed by PayPal co-founder Max Levchin that helps connect household devices, one of its largest U.S.-startup acquisitions to date.
*Chinese academic took "huge rewards" from Qualcomm- Xinhua. BEIJING, Aug 14- Qualcomm Inc, under investigation for possible monopolistic practices in China, said it had no direct financial links with an antitrust expert sacked from a government advisory post after state media reported he had received payments from the firm.
BEIJING— A panel that advises China's Cabinet on anti-monopoly policy has fired an economist who was paid to help prepare a report for Qualcomm, a U.S. company that is the target of a pricing investigation, according to state media.
European companies have lashed out at the Chinese government, saying that they have been subject to "intimidation tactics" by officials.
No matter how fast, smart and powerful our phones get, they still often die by mid-day if we leave our charger behind.
BEIJING, Aug 13- A Chinese academic who sat on a government anti-monopoly advisory committee has been sacked, official news agency Xinhua reported on Wednesday, saying he had taken payments from U.S. chipmaker Qualcomm Inc..
With Cisco reporting earnings after the bell Wednesday, analysts aren't expecting much good news on its Chinese business.
BEIJING, Aug 13- The European Union Chamber of Commerce in China on Wednesday expressed concern over a recent series of antitrust investigations, saying China was using strong-arm tactics and appeared to be unfairly targeting foreign firms.
BEIJING, Aug 7- China's recent probes into Microsoft Corp and car companies including Audi and Chrysler have rekindled concerns that Beijing may be using an anti-monopoly law to support domestic firms at the expense of foreign companies.